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. this is the looming port strike threatening to shut ports from boston, miami and beyond. florida governor rick scott telling the media a strike will be devastating to his state's economy. governor's right but it's an entire nation about to get slammed. brent is the president of miller and long construction. we import -- we pointed out somewhere around 65% of international trade hits the ports. we import cars, we import produce, we import oil and gas. explain how this will affect the prices for people watching right now of everything. >> well, it will be very significant in a lot of ways. we're talking about eleven ports, basically from boston pretty much all the way around to houston. the reason governor scott is concerned is there are four ports in florida that will be affected. this is containerized shipping. electronic goods, food stuff and things like that. it could be massive impact, especially in this -- we had retailers getting trouble getting back on track. it will affect everybody's pocketbook eventually. >> eric: tell us how it trickles down to the consumer. >> basically everything will be
washington should not pull out the rug from under this rebound. ship wreck, massive port strike that could happen this weekend halts commerce for the country. top of the hour, stocks now and every 15 minutes, lauren at the new york stock exchange. stocks down, but it could be worse, lauren. >> it could be worse. at one point, after 109 points, and now down 59 on the second to last trading day of the year. the nasdaq, believe it or not, is the winner today, down by just about .16%, doing the best of the three major averages. i point that out because for the month of december, the nasdaq is the only major average negative. it's interesting to know we started the year with nasdaq at 26.0 # 5, and now at 29.81, we came a long way. a good year for tech. the vix up above 20. fear of the fiscal cliff and traders saying, all right, we have this idea of a deal getting done baked into the markets, but maybe that's going to unravel a little bit. barnes and noble share, stock up more than 6 #% as i speak. the news is both good and bad. bad news first. they say the holiday period and sales trends will
coast have been extended for 30 days. thousands of workers at the port of baltimore and 14 other ports from boston to houston were ready to go on strike sunday. those ports move about 40% of the nation's container cargo traffic. we enjoyed sunshine across the region, but the big story is tomorrow's potential snow. steve rudin is here to talk about that. >> we are watching the maps right now. right now it appears we will see a little bit of snow here in the d.c. area, but not a ton. take a look at the travel forecast. no problems for indianapolis, detroit, new york city and boston. you will find absolutely beautiful conditions as you head to the center of the country. we are watching a storm system to the lower left-hand corner of the screen. this is what is on its way tomorrow. it will start off as a bit of a wintry mix changing over to right now it appears mainly rain. already we do have a winter weather advisory set to go into effect late tonight into the day tomorrow. north and west of d.c., including frederick maryland, and the panhandle of west virginia. what to expect and when co
. >>> imagine every shipping port from massachusetts to texas shut down. nothing gets in or out. unions mobilizing to strike this weekend. if they don't get their way, will everyone pay? [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benets with theisks. all prescription nsaids, like celebrex, ibuprofen, naproxen, and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease
shut down ports all over the east coast have been averted for now. the longshoremen union along the east coast and the gulf of mexico says it will extend its contract for the next 30 days. that extension prevented a possible strike which could have crippled operations at ports that handle nearly half of all cargo in the united states including in our area at the port of baltimore. >>> we have breaking news tonight out of prince george's county where we are following a deadly fire in a townhome in green belt. you're looking live at the scene on laurel hill road. the flames broke out an hour ago. fire investigators say one person is dead in this fire, two others in the hospital, but with nonlife threatening injuries. no word yet on a cause. >>> a news alert from the district, d.c. police want to talk with these two men they are calling persons of interest in the murder of a man on capitol hill. the victim, jason emma, was shot and killed monday while he sat in his car on c street northeast blocks from his home. emma grew up in arlington county and had just recently moved to capito
. >>> grover, we have to leave it there. thank you. >> okay. >>> imagine every shipping port from massachusetts to texas shut down. nothing gets in or out. unions mobilizing to strike this weekend. if they don't get their way, will everyone pay? >> forget the fiscal cliff. how about a container cliff and what it m do to the economy. time's running short and a standoff between long shoreman union workers and companies could cripple the nation. unless they reach a dea they plan to strike this weekend. we reached out but haven't heard back yet. steve moore is here with us. if th strike happens, some estimates say $1 billion per day hit to the economy. >> yeah, the's no question. if you -- you used the right word, cripple the economy. the ports in this country are the backbone of our trade, both export and imports and i've read estimates of $100 billion or more comes in and out. so it cook devastating, and reverberate throughout the economy. retailers, whesalers. food distributors, everybody would be affected by the strike if it goes forward. >> exactly what do the unions want and what is managemen
11-year-old cousin lyric cook. >> the bodies are being traps ported ported to the medical examiner's office. >> reporter: they disappeared near a popular lake. the bike was found but the girls were not found. >> it's hard. it's just like -- >> reporter: one local family put a christmas tree about a week ago and asked the community to help decorate it. in the last few days it has blossomed. some have pictures of the cousins. >> i hope it continues to grow for the girls. they're look down from heaven and seeing the pretty tree and all the ornaments. >> reporter: tammy says she will gift ornaments to the girl's family after christmas. the girls had been reported missing three hours after they left the home where cook's grandmother had been watching them. t.j. winick, new york. >> the mother who gave the baby up for adoption without telling the father is speak out. there's a custody between the adopted parents and the father. she said the fath are knew she was pregnant. he abandoned her. >> they cared about me and the well-being of leah when he wasn't there, when he wasn't around. he s
a crippling 8-day strike at the port of los angeles and long beach. we'll look at the toll that the work stoppage has taken on the u.s. economy. bill: a questionable cartoon featuring the rich stealing from the middle class. martha: two rising stars in the republican party laid out their vision for the future last night and for their party. >> we need to carry on and keep fighting for the american idea. the belief that everyone should have the opportunity to rise. to escape from poverty. to achieve whatever your god-given talents and hard work enable you to achieve. wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. i've got
inspected in september and that inspection found nothing wrong. >>> the port of oakland continues to get extra business this morning as a result of the continuing port strike in los angeles and long beach. clerical workers began their strike last tuesday in a contract battle, dock workers are honoring their lines and managed to shutdown most terminals at two southern california ports, latest numbers just in, this strike is creating losses estimated at one billion dollars a day. >>> the white house is waiting for the next move from congressional republicans on a solution to averting the so-called fiscal live. overnight the president released this new video calling for tax relief for working families with less than a month to go, republicans and democrats remain far apart. without a deal, nearly every american will pay more income tax between $2,000 and $20 400 for the average family. >> we are -- going over the cliff, clear they made a political calculation. >> the president and his team demanding congress allow bush era tax cuts for the wealthiest 2% of americans to expire. republicans h
deal stopped a pending shutdown of major u.s. ports that could have cost the economy billions. dock workers threatened a strike to freeze operations on the east coast and gulf of mexico but a contract extension gives them another 30 days to resolve their labor dispute with port owners and shippers. phil keating is live in south florida. there were key sticking points. which side budged? >> good afternoon, trace. we still don't know which side did in fact budge, whether it was the longshoremen or the shipping company owners or it could have been both sides coming together and reaching a negotiated deal. hard to imagine with what we see in washington, d.c. but neither side is talking. the key points had been over container royalties. you see the heavier each container is, the more money each long shore had man gets paid to take it off and put it on the truck. the owners of the companies wanted to cap the fees, the royalties, at last year's levels while the 15,000 strong longshoremen did not. neither side's talking but both sides say a deal on that -- an agreement has been reached. a q
a billion dollars a day to the local economy. the two ports l.a. and long beach support 1.2 million southern california jobs. and they are the main gateway in the trade with asia in the weeks before christmas. they handle 47% of the container exports. >> reporter: if you split the ports apart. the la-long beach ports, they would be 1 and 2. together they are the largest. this has been going on for one week. 800 clerical workers walked on the line. 10,000 longshoremen won't cross that line. this port is 90% shut down. if you look behind me in the haze and fog you will see some container ships in port. just after shore you will see one of the many, up to 20 we are told that are just sitting out there. some of them have produce that could be spoiling as we speak. that can't get in here and it can't go out. so exports haved as well. you will see trucks lined up. the mayor says both sides have agreed to a federal mediator. he spoke to the media in the last hour. take a listen. >> we met all night. we have worked across the table with a number of proposals. it is still clear to me that we are some
situation. the puellab tribe, the port and city of tacoma and others all had a difficult dispute going on. the end result was the second largest native american land claim settlement in u.s. history. and the deal led to tremendous economic growth for the tribe, for the port, and for the surrounding communities. senator inouye, as i said, was the chairman of the select committee on indian affairs in 1980 when the puelab tribe successfully sued to assert its claim for land around its reservation, and this land included the port of tacoma, many parts of downtown tacoma, the towns of fife and puelab. and because of his strong commitment to native american rights, the puelab trusted senator inouye to serve as an intermediary between the parties involved in the negotiations and to try to resolve this dispute. he made around a dozen trips to washington state at key moments of this negotiations. if you can imagine a senator who has to represent his state, be a leader on the appropriations committee, would spend so much time on one particular dispute. during one session at a tacoma hotel, senator
on sunday between labor union shipping at ports from boston to houston, could be halted. insiders say a deal looks like a long shot. right now over 14,000 workers are threatening to strike at 14 major ports. you see them go all along the south and east coast. not only will a strike cause billions of dollars a day, it will force shipping costs to rise. things will be delayed coming in. right now the union is fighting for workers to be paid per shipping container, which comes out to a salary of $124,000 per year for each worker. >>> mother nature adding insult to injury to people still trying to recover from super storm sandy. many in sea bright, new jersey, was devastated down there, say this week's nor'easter was like being kicked while down. one homeowner picked what she could salvage from sandy in a container. she sadly discovered it flooded. >> i don't know what to do about that. i'll have to -- first of all, get it out and get it someplace and dry it out. >> juliet: i drove down there three weeks ago, i could not believe what i saw. about 150 out of the 300 people who live there stayed.
15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain heading towards the bay area and you can see that low. it's right there. so it hasn't quite hit the bay area yet. but by later on this afternoon, that's when we're going to see light showers and it's going to quickly spread all across the bay area, continuing to tomorrow morning. so it's on approach right now and you can see those showers. bring an umbrella if you are heading outside at all today. so again you won't need it for this morning. the only thing we're talking about are all these cold temperatures. very chilly. fairfield 34 degrees. san francisco in the 40s. it's going to be a cold day this afternoon. temperatures sightly below what we saw yesterday, 54 in oakland, 51 in san rafael, 52 in santa rosa. so you got the idea. just a cold rainy day on tap. it looks like it's going to continue through tomorrow cle
this month. the 15 ports involved in the dispute move more than 100 million tons of goods each year. the economy could lose billions of dollars if they're shut down for even a few days. >>> how about good news on a friday, right? for dog owners in montgomery county, you no longer need to pay a fee to use the dog parks soon. it will stop collecting a $40 a year permit fee next year. the fee was first imposed two years ago to make up for budget cuts. but it appears to have driven people away from the parks. the county says it will now look for new ways to come up with that money. >>> 4:48 right now. our area is getting ready for another round of nasty winter weather. some places are still cleaning up from earlier storms. this is tacoma park. this left 1700 pepco customers without power. the electricity has since been restored. in silver spring, the wind is to blame for this. a tree smashed into a home. luckily, no one was hurt. but the house is not in livable condition. fallen trees were a problem in northern virginia. this was the scene on georgetown pike. a tree blocked traffic for
:00 at a two story apartment building on bridge port court. 56-year-old bomaro his wife and their four-year-old granddaughter kira died in the fire. more than 50 other people were displaced and now being helped by the red cross. janine de la vega will have a live report coming up at 5:30. >>> time is 5:03. just about 16 hours from right now the u.s. economy will go over the fiscal cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight east coast time income tax rates will go up for all americans. coming up at 5:15 the two men leading the last minute negotiations. >>> the chp is trying to figure out what led up to a crash that killed a motorcycle rider in concord last night. it happened just before 6:30 on kicker pass road. the chp says no other cars were involved and it's unclear why the driver lost control. >>> three people are recovering after a crash after a car crashed into a concord funeral home. it happened yesterday afternoon at the we met brothers concord funeral chop ill on clayton road. it appears two teen
of workers at u.s. ports are preparing to strike. jackie deangelis live with that story and more. jackie? >> good morning, aaron. time is running short to avoid a possible strike this weekend at more than a dozen east and gulf coast ports stretching from maine to texas. more than 14,000 long shore men could walk off the job when their contract expires tomorrow in a long-running pay dispute with shippers. the biggest sticking point is over container royalties which are paid to union workers based on cargo weight. the strike could affect u.s. exports and hurt retailers waiting for shipments of spring merchandise. meantime, millions of homeowners in foreclosure in 2009 and 2010 could miss out on the chance to have their cases reviewed for possible errors and compensation. also, they don't act by monday, that's the deadline for people to request a free review as part of a settlement reached last year between u.s. regulators and 14 mortgage companies. the deadline has been extended three times due to poor response already. more than 4 million notices were mailed out, but only 356,000 homeowne
. >>> the busiest container port in the country is back in business today after an agreement was reached to end an eight-day strike. the gates are opened at the los angeles and long beach harbors. clerical workers walked out complaining that shippers are outsourcing their jobs. the strike prevented shippers from delivering bottoms in cargo to warehouses and distribution centers nationwide. >> we're going to get the ship service and the cargo moved throughout the supply chain country and get everyone the christmas presents they're looking for in the stores. >> clerks in the ports of los angeles and long beach have been working without a contract for more than two years. >>> city group is slashing 11,000 jobs worldwide to save $11 billion a year. the company said the job cuts are part of the plan to streamline operations. a majority of the cuts will come from city's global consumer banking businesses while 40% of the layoffs will come from operations and technology functions that support the business. >>> netflix announced a massive deal with disney. netflix will have exclusive rights to run disn
it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no question, use the righte words, cripple the economy. the backbone of
's transit and port authority. >> good morning, welcome everyone to today's hearing, the challenges our region's public transit and housing base as a result superstorm sandy has been addressed -- tough morning. we started with a hearing on the loss of our ambassador from libya. those challenges, just had opening ceremony for senator o inouye line in state and now the devastation the northeast region -- has been a tough day but we appreciate our witnesses being here to shed some light and hopefully some commitment by our colleagues to meeting our challenges. as you all know sandy's destructive force overwhelmed the region particularly in new jersey and new york and the result is massive unprecedented damage, unprecedented but this was our second hurricane in two years and we expect extreme weather like this to become more common for our region. because we need to prepare for the next storm is not enough to spend our time today simply discussing how we restore our housing and transit infrastructure to their vulnerable free storm condition. in my view now is the time to determine what a
anti doping agency for olympic this port in the united states. the mission is to protect and preserve the integrity of competition and the well-being of sports through the elimination of doping. you saw it has been an advocate for clean athletes. when congress approved the medical use of growth hormone, a law stated it was only to be distributed for conditions authorized by the secretary of health and human services making potentially dangerous uses illegal. yes a form growth hormone test has been developed by researchers in the growth hormone community. it is a blood test to detect the prohibited use of hormone on aid limited basis and on a worldwide basis since 2008. the test measures the ratio of the form of growth hormone found in synthetic products to another form of hormones that are naturally released by the pituitary gland. the ratio is independent of the amount of growth hormone in the blood. you are just as likely to have a ratio of all. eight at low concentrations as you are to have a ratio of 0.8 at high concentrations. when you take recombinant, the ratio increases dramat
issues as they relate particularly to our ports, because she is known for her work with the port of long beach and i have ports in my district as well. and will be missed on the women's softball team. we are friends here. we are colleagues here. we bring our human qualities. and we bring our leadership skills. and the california delegation makes me proud every day and in the next congress, it will be the memories and the service that has been given to us from these colleagues of ours. and that's why i thank you, mr. miller, for setting aside this hour for us to share our thoughts. >> i saw that andrew and hunter are here. the stark kids. i would like to yield to congresswoman barbara lee. ms. lee: thank you very much. and i want to thank you, congressman miller, for organizing this special order tonight. first to congressman pete stark, who is our departing dean of the california delegation, congressman stark represents a district right next door to my district in the east bay of california, northern california. i just have to say, i have known congressman stark since i was the president
/st. paul has canceled quite a few in the way of flights. that's an iconic bridge in the port of duluth. back here at home, there's the rain drops that are coming our way. there's a warm front just down to our south. it will ride up through here during the overnight tonight. so temperatures will climb after about 2:00, 3:00 in the morning. we should be in the low to mid-50s first thing tomorrow morning and then zoom into the 60s for a brief time tomorrow. then is chance for some steadiyer heavier showers late tomorrow afternoon into tomorrow evening as the front goes on by. behind it high pressure, a cooler and drier pattern, and the return of sunshine. that comes in as early as tuesday afternoon and lasts for much of the upcoming week. so overnight cloudy, chill y, light rain, drizzle, fog. tomorrow cloudy and mild, periods of rain from time to time, but breezy and much, much warmer tomorrow. well into the 60s. out ahead of the cold front which drops us back into high temperatures in the 40s for wednesday and thursday. back to around 50 by friday. so most of the upcoming week after tue
water port on the east coast. we are planning to take full advantage of the panama canal, the changes there coming soon. which gives us the ability to bring commerce into virginia. we are aggressively building our rail system. going from the port of virginia west to try to get that traffic out west. we are -- just announced that we are building another highway. it will be a toll access highway. but one of the primary purposes of that highway is to bring truck traffic from the port of virginia inland. and connect it directly with interstate 95. and so that will help us again through the commerce side of the equation to bring in new commerce and the commonwealth of virginia. i'm going to mention something that's been a little bit taboo as of late. the governor is not ashamed of it as all. as a matter of fact we've taken full advantage of it. and it was discussed earlier, that's incentives to business. the governor has put significant additional resources into our virginia economic development partnership. both funds that he has at his disposal to incentivize and encourage business to co
's biggest port. but contracts have resumed in long beach and the port of los angeles. this has dramatically reduced unloading. >>> a bike lane in golden gate park is still controversial. cyclists ride between parked cars and the sidewalk along one and a half miles of j.f.k. drive. transportation officials say drivers and cyclists now travel slower. the disability activities they say it cuts off their access to the sidewalk. so now they are thinking about taking legal action aimed at shutting down that bike lane. >>> there is a new development in the central subway project. the chronicle reports that muni is ready abandon plans to big up parts of columbus avenue. muni wanted to do that to remove drills machines after the project. some neighbors didn't like that and filed a lawsuit. muni says it will remove the machines near the abandoned pagot -- pagota theater. >>> bank of america is putting off monthly fees because they are testing a new fee structure in arizona, georgia and massachusetts. it's been charging between $6 and $25 a month depending upon the level of service and type of account
/2% cost of living increases next year and in 2014. there's also a $3500 signing bonus. the port commission is expected to approve this new contract next week. >>> well, close to 38,000 people have already signed an on online petition against the new logo for the university of california. the new, more simple and contemporary image, there it is. it was unveiled on friday. besides the website changed, there's several other facebook pages stopping the university from using. they say they will still use the 144-year-old seal but says the new logo represents a modern look for the university system. >>> police in south san francisco are cracking down on repeat dui offenders. police will be watching for drivers with several dui convictions who are still on the road despite having a suspended license. police say those drivers often do not have insurance and are more likely to receive the seen of an accident. officers say -- leave the scene of an accident. officers say those repeat offenders risk being arrested and having their car impounded. >>> bay area drivers may think that christmas has come e
of which is as the seventh uss enterprise was on her way back to port at pearl harbor. on december 7, 1941. and would later launch the first u.s. strikes of the war against japan at the marshall islands. the current uss enterprise was also on her way home on the 11th of september 2001. just over three weeks later, she would launch the first strike against al qaeda and the taliban in afghanistan. now imagine yourself a board uss enterprise on the night of those first strikes. here's part of what her captain told her crew. good evening, shipmates. the last time americans actually went to war to defend against our homeland was almost exactly 60 years ago. when our threats and her enemies conducted a surprise attack on pearl harbor. during that attack, a different enterprise was at sea on her way home. it was ultimately a response to that typical bloody task of soundly defeating her enemy. and ever since then, when america has gone to war, is to protect freedom and our vital interest, those of our allies. we have not had to defend our homeland since december 7, 1941. however, september 11 our
ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one bei
earlier this month. the 15 ports involved in the dispute move more than 100 million tons of goods each year. the economy could lose billions of dollars if they shut down for even a few days. >>> 30 families are looking for temporary shelter after a massive apartment complex fire in prince george's county wednesday night. now we're hearing the 911 calls for help as people watched. >> i'm down the street but i can see it from here. there's smoke everywhere. >> do you know what floor the fire is on? >> it looks like it started on the first floor but it's to the third floor now. >> yes. >> you see a window on fire, right? >> it's a big window. going up to the next one. burning the roof. >> window on fire on first floor. now it's going all the way up to the roof. >> yeah, it's like on the roof now. >> investigators say a malfunctioning furnace caused that fire at the franklin park apartments in green belt. no one was hurt. but the fire did about $250,000 in damage. >>> the head of the metro police force is retiring after 31 years in the agency. the chief announced his retirement yesterday.
- year-old rain harris. the other victim has been trans ported to a hospital and is currently listed in critical can. >> all police would say about the victim fighting for his life is that he is a 69-year- old man. the men were sitting in a chevy impala when they were targeted. >> we do believe that somebody approached the vehicle on foot and fired into the vehicle. >> reporter: people living around here were reluctant to go on camera and talk about the double shooting but off camera, they told me that things along this stretch of bladensburg road had changed recently and not for the best. police don't yet know why the two men were parked in a lot but they do have some key evidence that could further the investigation. >> we are in the process of attempting to locate surveillance tape and review them and also in the process of interviewing potential witnesses. >> reporter: even with that early morning slaying, d.c. is on pace to have less than 200 murders this year. that has not happened since 1963. there is a $25,000 reward for information that hems police solve this murder. back to
aircraft. the order is worth more than 1.4 billion dollars. and thousands of workers at 15 east coast ports are still threatening to strike if new deal on wages and container royalties is not reached. the white house says it is monitoring the situation and urges both parties to reach a deal quickly. and that is today's speed read. shibani: that's how it's done. david: that's how it's done. shibani: we are just four days away before the fiscal cliff deadline, and as many investors scramble to adjust their portfolios, we've got a money manager who says he's got three plays that could yield you 20% no matter what the fiscal cliff resolution ends up being. joining us now is randy warren, warren financial services cio. thanks for joining us. >> nice to be here. thank you. shibani: so right off the top, i would love to know, why is it that etfs you feel can be a little bit more resistant to the waves coming in, the shockwaves coming out of d.c.? >> i think you go for some sectors that aren't necessarily in the crosshairs of what's going on in the house and in the senate right now. so i'm looking
the cargo moving in those busy sea ports are threatening to go on strike. a walkout would close ports from houston to boston. it would cripple shipping operations, and of course, impact the economy as early as next week. the union has been working without a contract since september. as many as 14,000 workers could hit the picket line starting this sunday. >>> big retailers have agreed to recall baby recliners which have a deadly defect. 150,000 nap nanny infant recliners are being blamed for at least five deaths and dozens of reports of babies falling, as well. the recliners have been on sale for about four years, and retailers agreed to this recall after the manufacturer went out of business. parents should return it for a refund. >>> a florida dad is angry after the christmas present he bought at a pawnshop for his teenage daughter had some x-rated extras. turns out the tablet george sanchez purchased was loaded with hard core porn. computer experts tried to delete the images, but they were unable to restore it to factory settings. the pawnshop says it was sold as is and no returns. i wo
on december 17th one of the busiest times of the year. union members picketed yesterday at the port of oakland on behalf of nonunion workers who say they have been punished to try to organize. union members want the contractor hms host to deal with nonunion workers complaints. they also want a new contract. they want both by december 14th or they may go on strike. >>> san francisco health officials are urging gay men to get vaccinated for meningitis if they plan to travel to new york. 12 cases have been identified in gay men in new york in the past year. three have been diagnosissed in the last six weeken. the severe infection effects the tissue surrounding the brain and spinal cord and spread by intimate contact. san francisco has not experienced an increase in cases but health officials say they do want people to be aware of that outbreak. >>> this will open your eyes. would you drink coffee made from elephant manure? this exotic coffee is called black ivory coffee. it's made from coffee beans eaten by elephants in thailand and then picked out of what elephants leave behind. reaction in ele
. in california, you have a large population centers. you also have one of the largest and most important ports in the long beach area. there is another program specifically designed to enhance port security. and a lot of that money goes to that port. host:host: $98,000 was spent on an underwater robot in columbus, ohio. is it harder for urban areas outside of metropolitan areas to justify the grants and find ways to use them? are there hurdles in getting money or not? guest: generally speaking, it tends to go to the larger jurisdictions, because as you would imagine, those are the ones at the greatest risk and potential targets for terrorists. most of the money would go to places like new york, chicago, miami, los angeles, dallas, places like that. however, over the years, some smaller areas have been able to receive some money. columbus is an illustrative case of that. host: barbara on the independent line. caller: there have been security breaches at nuclear plants. people coming in that were not employees. what kind of funds are going to be provided for states with nuclear plants against te
and shippers to avoid a crippling strike at atlantic and gulf coast ports. it would be the first since 1977. the workers' union contract expires this weekend, and a white house spokesman said today the two sides need to agree on a contract extension as soon as possible. talks broke down last week in a dispute over wages and royalties. the christmas season storm that blasted the south and midwest swept across the upper northeast and new england today and the death count climbed to 16. the system dumped a foot or more of snow in parts of pennsylvania, upstate new york and new hampshire. in some places, snow brought road travel to a standstill. at the same time, operations at major airports improved, with far fewer delays than earlier this week. in india, the embattled prime minister remained under pressure to take action against sexual assaults after a gang rape this month triggered violent protests. manmohan singh promised a thorough review of india's rape laws and efforts to expedite trials. meanwhile, police moved to quell a rally by about 500 students protesting the treatment of women as
of the port city plunged into darkness. >> the power went out, and we could hear it coming and we jumped in the bathtub. >> reporter: churches, homes, schools, crumbled. >> you forgot that it was christmas for a while. >> reporter: tens of thousands were told to forget about getting to their destinations. and a pilot talking to passengers was clearly fed up after waiting nearly five hours to take off. >> decisions are being made way above our heads by people that obviously, in my humble opinion, don't have a clue what they're doing. >> reporter: that flight, from dallas to las vegas, never took off. brad wheelis, abc news, los angeles. >> unbelievable. some areas in new england could get a foot of snow before this snow gets finish. >> and now we go to meteorologist andrew baglini. good morning. >> good morning, muhammad and brandi. thankfully the severe weather aspect of the storm is over. looking at a lot of heavy rain and very strong winds along the i-95 corridor of boston, north into bangor where we're seeing some sleet and snow. we'll see that tapering off in buffalo. but buffalo thr
in maryland. >> port officials say the process could cause a backlog on marriage licenses today. their computer systems typically don't process post dated documents. >>> today licenses will also be available for same-sex couples in washington state. the state's governor signed the law into effect yesterday, but it actually goes into effect today. some counties there started issuing wedding certificates and licenses just after midnight because there is a three-day waiting period, the earliest that wedding can take place is sunday. also today in washington state, recreational use of marijuana is legal. >>> new this morning, at least one person is in a hospital after a condo fire in alexandria. the flames broke out after midnight inside the building along south washington street. we're told at least one person was taken to the hospital with burns and smoke inhalation. the cause of the fire is under investigation. >>> fairfax county firefighters say a natural gas leak may be to blame for this house fire. take a look at this home video of the flames along davisfield lane in springfie
was getting you warmed up. 2nd down, there are three downtown areas along the ports, the inner harbor, fells point and little italy. which was featured in the movie sleepless in seattle? >> bells point it is. >> reporter: it's 1-1. 3rd down, santana moss played at the u with this ravens safety. >> ed reed. >> reporter: i thought you would have gotten that one. >> too slow. ly it but too slow. >> reporter: no -- i had it but too slow. >> reporter: no worries. 4th down. cal ripken became the iron man of baseball by breaking whose consecutive games played? >> chris chester for the offense. i'm a jack of all trades in sports. >> reporter: congratulations the offense is making up ground now only down two in the 4 down showdown. >> as we continue. >>> we'll tell you about a home invasion with a twist. find out why a would be burglar called 911 on the homeowner he was targeting. >>> now your capital rundown with tom fitzgerald. >> we're back with your look at what's upcoming, new and noteworthy. it's your capital rundown for the week of december 10th, 2012. starting off monday healthcare refor
in the contract for workers at port of los angeles. they walked off the job eight days ago after working without a contract for two years. the strike crippled the complex, which is the nation's largest, and prevented delivery of cargo to wear houses throughout the country. no specific details yet on the agreement. >>> in other news, there are some new, great signs the economy is rebounding. home sales have shot up big time, in fact. abc's david muir looks at what is behind the real estate turnaround. >> reporter: call it an early christmas gift for millions of americans who own homes. new signs home values are finally on the rise again. the biggest spike in arizona where home prices are up more than 21%. >> this is quite a streak. >> reporter: you will remember our drive-through, the neighborhood outside phoenix, ground zero, for the housing crash five years ago, foreclosed, for sale, for rent. 130 homes for sale in the one neighborhood alone. sharon was trying to sell them. what did they buy their home for? >> $308,000. >> reporter: what is it listed at now? >> $130,000. >> $130,000. >> reporte
. you also have one of the largest and most important ports in the long beach area. there is another program specifically designed to enhance port security. host: $98,000 was spent on an underwater robot in columbus, ohio. is it harder for urban areas outside of metropolitan areas to justify the grants and find ways to use them? are there hurdles in getting money or not? guest: generally speaking, it tends to go to the larger jurisdictions, because as you would imagine, those are the ones at the greatest risk and potential targets for terrorists. most of the money would go to places like new york, chicago, miami, los angeles, dallas, places like that. however, over the years, some smaller areas have been able to receive some money. columbus is an illustrative case of that. host: barbara on the independent line. caller: there have been security breaches at nuclear plants. people coming in that were not employees. what kind of funds are going to be provided for states with nuclear plants against terrorism attacks? guest: that is one of the key focuses of dhs grants, as you correctly po
in australia, several callers have mentioned it, eliot spitzer just mentioned it, it was the port author massacre. we were wondering about a new term for the nra. sam suggests it stands for non-responsible armaments. not bad patrick moscaro says on the gun issue, i am 70 years old, grew up with guns around me. as the years went by i sold everything, quit shooting and haven't hunted in a very long time. why? because of the gun culture. this is a way to fight the gun culture. get rid of those guns. and bruce dedmon says we are doing a disservices when we talk about america as the wild west because even in the wild west, no matter how rough it was, nobody ever wiped out a schoolroom. >> this is "the bill press show." fleischer >> good to see you today. welcome to the "full-court press" here on current tv your progressive morning show coming to you live from our nation's capitol booming out to you on every corner of this great land of ours. good to see you this morning. we look forward to hearing from you at 866-55-press. and the official report investiga
a dozen key shipping ports and cripple commerce across the country. dock on workers are demanding higher container royalties to boost their pay. >>> did the newtown school shooter have an evil gene? scientists at the university of connecticut will study adam lanza's dna to see if a mutation or ab normality could have made him more violent? this is the first study of its kind on a mass killer. >>> jockeying started for john kerry's senate seat, even before it's vacant. massachusetts congressman ed markey throwing his hat into the ring in kerry becomes secretary of state, which is expected, a special election will be held early this summer. markey is the first prominent candidate to declare for the race. >>> love this story. paying it forward by paying it backward. a story of rampant generosity and good will in canada happening in winnipeg. one customer pulled up to a coffee shop drive through in winnipeg and paid for the person behind them. the next person did the same and on and on and on. 228 customers in all. >> you hear the shout from drive through. my manager, todd, there. hear him s
-born oil and gas magnate, was last seen driving his motor boat through port everglades florida. sips then there is family battle over his $100 million fortune. >>> a brand new study finds decline in obesity rates among young children from low income families. centers for disease control saying it is a sign the obesity epidemic might soon be under control. harris: an eye-popping scene in southern california. a sinkhole swallowing a city bus. a water main break caused major flooding in oceanside and tore apart the road. the driver didn't know that and drove the bus head first right into it. he was able to crawl out of a window safely. nobody else was on the bus, fortunately. the city had to turn off water for 400 homes to fix the problem. a public works official saying it is good reminder not to drive through standing water, sometimes there is no road underneath. jon: good reminder. right now parts of the south getting a look at the devastation caused by tornados that swept through on christmas day. a feeling one alabama church knows all too well. alberta baptist church in tuscaloosa,
. that have helped rebuild our roads, bridges, ports, locks, dams, levee, high speed rail, light rail, and bus systems. those have made a real difference in people's lives. and also the reason i got on the transportation committee in the first place. we had two of the most deadly roads in america in jefferson county, missouri. we got special funding for those to help rebuild those roads to not only help their economy, but to save lives. and also for firefighters recently were able to obtain a federal grant for special patrol boats, rescue boats on the mississippi river that will serve the region for years to come. so these kind of investments are important and i want to urge this new congress that will be taking over in just a few days to pass a major transportation bill. it's one of the best investments we can make in this country. to continue to grow this economy. and we see after growing out of this great recession of the last few years the recovery act passed. auto industry saved. major wall street reforms passed . health care reforms passed and stem cell research measures adopted in unpre
, was based on our port of 2007, which said that the united states should maximize its oil and gas production, that it should significantly reduce consumption and improve conservation, which led to the direct support for the reinstitution of fuel efficiency standards, which has not been done for 20 years. and to develop to the extent it was liable a biofuel substitute for petroleum. this new report we are releasing today continues these themes with a couple of important caveat. the fantastic revolution that is taking place since our original report and are intermittent reports by the so- called fracking revolution for oil and gas. the significant improvement in national efficiency that has been brought about by technology and the new fuel efficiency standards that were enacted by the bush administration and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic appro
care of the port and the elderly. that is what we're going -- where we're going. it is going to be taxing everybody in this country. that is what the republican party stands for. host: our conversation with congressman paul broun, now in his third term. louise is on the democrats' line. good morning. caller: good morning. you have a million folks calling you pa. guest: i am a medical doctor and i did my internship at good samaritan hospital in portland. i love oregon. where you live down there is just absolutely -- caller: we go without electricity a lot been very guest: thank you for calling. caller: i just wanted to say that president obama unfortunately -- i am a democrat and a hard in true believer in caring and living the words that were spoken by jesus and every other holy man about loving each other. he has given in eight times more to go along with the republican party that has said absolutely no to everythingi saw teh statistics -- everything. i saw the statistics of how much of the ultra wealthy would hav eto pay. it is in minuscule amount of money they are payicomp
down 14 ports from texas to massachusetts for the first time in 35 years. it would affect tens of billions of dollars worth of merchandise bringing east coast imports to a halt. >>> the the "wall street journal" says home prices have hit a milestone, on track for their first year-to-year gain since 2006. the strongest performance since the housing bust. home prices rose 4.3% in october compared to a year ago but they were down in new york city and chicago. they're up nearly 7% overall this year. >> maybe a buying opportunity in new york city and chicago. >>> britain's "guardian" reports syria's military police chief defected from the army and declared his support for the rebels. he was shown making a statement on arab tv saying he's joining the people's revolution. he also claimed syria's army has committed massacres against the unarmed population. >>> also "the independent" the comet of the century is due to pass earth next year it could be the brightest comet seen in generations, even brighter than the full moon. >> even >>> all right. and we got police ha
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